1.If the U.S. were a cashless economy (there was no currency) and if banks held no excess reserves, the money multiplier
Posted: Sun Jun 05, 2022 12:03 pm
1.If the U.S. were a cashless economy (there was no currency)
and if banks held no excess reserves, the money multiplier would
equal a. 0 b. 1 c. 1/reserve requirement d. 1/leverage ratio
2.
Compared to the Federal Reserve, the European Central Bank is
more
transparent
independent
All of the above
None of the above
and if banks held no excess reserves, the money multiplier would
equal a. 0 b. 1 c. 1/reserve requirement d. 1/leverage ratio
2.
Compared to the Federal Reserve, the European Central Bank is
more
transparent
independent
All of the above
None of the above